With production already at nameplate rate it seems to me that knocking over the rest of the 2016 contract and the 2017 contract will be a cake walk. Capital cost need only be a fraction of the 2016 levels (assuming management do choose to develop the plant further).
I don't know what the MC will be but it looks like a bargain now and the lower it goes just looks more like a bargain.
Chart wise no where near a buy signal but I guess the buy signals only come after the buying has already started.
My opinion only.
GLTA
GXY Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held